China Life Insurance Co., Ltd. is a state-owned super-large financial and insurance enterprise, headquartered in Beijing, a Fortune 500 enterprise, a top 500 Chinese brand and a national vice-ministerial unit. The company, formerly known as China People's Insurance Company, was established in 1949 and renamed as China Life Insurance Company on 1999.
China Ping An Insurance Co., Ltd., 1988, from Shekou, Shenzhen. It is the first joint-stock insurance enterprise in China and has developed into an integrated, compact and diversified comprehensive financial service group integrating financial insurance, banking and investment. 2065438+2008 Fortune Global 500 ranked 29th.
China Pacific Insurance Company was incorporated in the State Administration for Industry and Commerce on May 2006 199 1, and was renamed as "China Pacific Insurance (Group) Co., Ltd." on August 3, 2006. As a leading comprehensive insurance group company in China, Pacific Insurance Company is engaged in life insurance, property insurance and insurance asset management.
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In order to spread risks, insurance companies reinsurance some large underwriting units to another insurance company. Companies that accept such policies are reinsurance companies, which generally appear in property insurance.
China's "Insurance Law" stipulates that insurance companies can engage in insurance business activities within the approved insurance business scope, and after approval by the financial supervision and regulation department, insurance companies can engage in reinsurance. The reinsurance business of reinsurance.
The liability of an insurance company to each dangerous unit, that is, the maximum loss range that may be caused by each insurance accident, shall not exceed 65,438+00% of the actual existing capital plus the total accumulation fund, and the excess shall be reinsurance according to law.
Except life insurance business, an insurance company shall reinsurance 20% of each insurance business it underwrites. If an insurance company needs to handle reinsurance ceding business, it shall give priority to the insurance companies in China.
Baidu Encyclopedia-China Life Insurance (Group) Company
Baidu Encyclopedia-China Ping An Insurance (Group) Co., Ltd.
Baidu Encyclopedia-China Pacific Insurance Company